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GM's Lutz to retire May 1

General Motors Vice Chairman Bob Lutz plans to retire from the automaker effective May 1, according to a statement released by GM on Wednesday. Lutz, 78, had been serving as a senior adviser to GM Chairman and CEO Ed Whitacre after shelving retirement plans to take charge of the automaker's marketing after it emerged from bankruptcy in July 2009. An outspoken executive who both challenged global warming and championed GM's all-electric Volt, Lutz is credited with revitalizing GM's product development efforts after being hired by former GM CEO Rick Wagoner in 2001.

EBay exotic: 1991 Aston Martin Virage

Here we have what could best be described as a transitional model for Aston Martin. The Virage in 1989 replaced Newport-Pagnell's ancient Aston Martin V8 models, which themselves were replacements for the ancient DB series. However, it's still a hand-built Aston much in the mold of earlier models.

New Routemaster bus hits London streets

The very first new Routemaster hybrid bus began its first day of service in London today. The bus, whose exterior and interior were designed by Londoner Thomas Heatherwick, retains the distinct character of the old Routemaster – British as the London taxi and red telephone boxes – but is far more modern in its design and construction. The new Routemaster's main design features are its three sets of doors and two staircases, which it is hoped will ease the strain during rush hour in regards to alighting and entering the bus.